There will be no loss to depositors: Nirmala Sitharaman on Yes Bank crisis
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At a time, when Yes Bank is facing crisis, Finance Minister Nirmala Sitharaman assured the depositors of the bank, that they won't be affected and they will not face any loss. Her remark came a day after RBI suspended the Yes Bank's board for a period of 30 days owing to serious deterioration in the financial position of the Bank and imposed a withdrawal limit of Rs 50,000 on its account holders till April 3.